Property description

In the heart of central Pietermaritzburg, stands this versatile , mixed-use commercial property offering an exceptional investment opportunity.  

Zoned as commercial, it is ideally situated in a sought after, high traffic and high exposure area. Offering both business and residential potential, this property is perfectly suited to investors, entrepreneurs or business owners seeking convenience and multiple income streams . 

On the ground floor there are 4 retail shops with excellent street visibility, strong foot traffic and easy customer access. The shops currently yield a good rental income. There is a large space that serves as a passageway, driveway, carpark. In addition there is a nursery school ,which is in operation, at the back of the ground floor. The nursery school occupies an extremely large space and has an extra room with a toilet attached to it. There is a large garden that compliments the nursery school. Furthermore, there are also 4 storerooms with ablution facilities. The layout lends itself to a variety of commercial uses,including retail outlets, offices, salons ,cafes or service based businesses or offices. 

Upstairs, the property boasts a very spacious family home comprising of a large lounge , dining and kitchen area. There is a pantry as well as a scullery area off the kitchen. Six bedrooms, 3 of which are ensuite, plus an additional family bathroom, complete this large ,living accomodation ,ideal for owner occupation. As an added bonus there is a separate but connected flatlet comprising of an open plan lounge, dining ,kitchen area and a laundry room. There is an ensuite bedroom. This section is ideal for staff accomodation or additional rental income. The residential section offers 2 large balconies and is very private ,while remaining conveniently connected to the commercial component below.  

Key features: 

*Prime commercial location with excellent exposure- street frontage 

*Multiple retail/ shop spaces downstairs  

*Spacious upstairs living accommodation  

*Strong income generating potential  

*Secure and functional layout  

*Convenient access to major routes and amenities. 

*Ideal for investors/owner operators. 

This rare opportunity blends business convenience with residential comfort , making it a valuable addition to any property portfolio. 

To explore the full potential of this outstanding property, arrange a viewing by contacting Tahir today.  

Henwood and Katz Real Estate (Pty) Ltd t/a RE/MAX Midlands. A franchise of RE/MAX of Southern Africa.